How does RoboFi limit the volatility of the VICS Token?

Boomble V
RoboFi_VICS
Published in
2 min readJun 15, 2021

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Before discussing how RoboFi is going to limit the volatility of the VICS Token, let us first understand how the VICS token is used

How VICS token is used

RoboFi is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities.

Using VICS token, RoboFi users purchase DAO Crypto Trading Bots, stake, or participate in the IBO and become a governance shareholder of a crypto trading bot

How does RoboFi limit the volatility of the VICS Token?

First, the tokens distribution is diluted over time through quarterly distributions.

Second, each investor’s investment in private rounds is not same, which means that contributors do not receive their tokens in the same amount. The number of tokens they get depends on the amount of their investment.

Third, we implement an IBO reward mechanism. It is a token stabilization mechanism and a way to encourage long-term ownership by offering additional rewards for those who do not sell their tokens but hold them.

Conclusion

VICS Tokens has real use cases wherein users purchase DAO Trading Bots and stake it to earn. Market volatility is limited through quarterly distribution and limited investing during private rounds and IDO.

About RoboFi

RoboFi (www.robofi.io) is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the $VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

Official Link

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